Corporate Market Readies
For $8 Billion in New Issues

Updated March 10, 1998 12:01 a.m. ET

NEW YORK -- Corporate issuers are expected to price around $8 billion of new supply this week, including another round of bonds with mandatory put and call options.

In the secondary market, spreads from the Aluminum Company of America were quoted wider after the company announced an acquisition early Monday. Alcoa is taking over Canadian company Alumax Inc. in a cash and stock transaction valued at $3.8 billion, including debt...